$ 399,777

5202 51 Avenue, Castor, AB, T0C 0X0

Listing ID# CA0115402
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$ 399,777

  • 5202 51 Avenue
    Castor, AB T0C 0X0
  • Listing ID CA0115402
  • Primary Business Type: Business
  • Secondary Business Type: Business
  • Age of Building (yrs): 59
  • Building Type: Multiple Tenant (5-Plex+)
  • Space: 5281 sq ft
  • Business Taxes: $2,920.00
  • Foundation: Concrete; Full Basement
  • Building Type: Commercial
  • Land Size: 23000.00 Sq Ft
  • Status: For Sale/Active
  • Days on Market: 150
  • Tax Year: 2014
  • Taxes: $2,920.00
  • Garage: 0.0
  • Heating: Natural Gas, Baseboard heaters
  • Utilities: Sewer: Municipal
  • Access: Direct Access, Road - Paved
  • Construction: Concrete Block, Frame - Wood
  • Roofing: Metal
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Property Description

-Cherry Building- FULLY RENTED!$50,400 in anticipated rent. No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $100,000 WORTH OF QUALITY IMPROVEMENTS JUST COMPLETED! No stress for you. 6.1% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion or extra parking. There are 4-two bedroom apartments and 3-one bedroom apartments. 6 units are rented, (4) 2 bedrooms and (1) 1 bed room. Rent roll $650,$625,$625,$675,$550,$575,$575 all on great leases, Tenants pay their own electric. LIVE IN PROPERTY MANGER already in place. It's a great property isn't it! Shouldn't it be yours?

Listing courtesy of Realty Executives Alberta Elite

5301 50 Avenue, Castor, AB
Business Opportunity
5301 50 Avenue
Listing courtesy of FC Hunt Agencies 1984 Ltd.
  • 6000 sq ft
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